(CHICAGO) The Civic Federation announced today that it offers conditional support for the proposed tentative FY2012 Metropolitan Water Reclamation District of Greater Chicago (MWRD) budget of $1.0 billion. The full 41-page analysis is…
The Civic Federation offers conditional support for the Metropolitan Water Reclamation District’s (MWRD) FY2012 Tentative Budget of $1.0 billion. The Federation is concerned that the budget proposes the maximum increase to the property tax…
The Chicago Park District is the only park district in Illinois with its own pension fund. All other park districts participate in the Illinois Municipal Retirement Fund. The Chicago Park District pension…
(CHICAGO) The Civic Federation supports the $195.0 million proposed FY2012 Forest Preserve District of Cook County budget because it holds the property tax levy flat during a period of ongoing financial hardship for Cook County residents…
The Civic Federation supports the Forest Preserve District of Cook County FY2012 Executive Budget Recommendation totaling $195.0 million, which includes both operating and capital expenditures. We commend the District for holding its…
The Forest Preserve District of Cook County is the only forest preserve district in Illinois to have its own pension fund. All other forest preserve districts participate in the Illinois Municipal Retirement…
The State of Illinois’ statutorily required contributions to its five retirement systems will be $535.0 million higher than expected in FY2013, partly due to the impact of a pension reform law enacted in 2010. Required FY2013 state…
This editorial discusses the lack of action so far on the part of State of Illinois legislators during the veto session to address issues in the State’s pension system and its backlog of overdue bills. It cites the Civic Federation’s…
The Civic Federation's legislative priorities for 2012 include public pension reform, requiring the State of Illinois to develop and implement a capital improvement plan, dissolving the Illinois International Port District, creating a new…
The Chicago Transit Authority Board will vote on CTA President Forrest Claypool’s FY2012 Budget Recommendations on November 15, 2011. The proposed $1.2 billion operating budget closes a preliminary budget shortfall of approximately $277…
